Turnkey, fully furnished, and set along the tranquil shores of Trout Lake, 265 Trout Lake Road offers a rare opportunity to own a true waterfront retreat in the highly sought-after gated community of Powder Horn Mountain. Just minutes from Boone, Blowing Rock, and the best of the Blue Ridge Mountains, this beautifully updated mountain home blends the serenity of nature with the comfort and convenience of modern living.
Perfectly positioned on a private 1.2-acre double lot—recombined to provide the benefit of a single POA fee—the property enjoys exceptional lake frontage, mature hardwoods, and the soothing sounds of a nearby mountain stream. Wake each morning to sparkling water views, sip your coffee on the expansive covered porch, cast a line from your own backyard, or gather around the fire pit as the sun sets over the lake. Every season brings a new reason to fall in love with this remarkable setting.
Designed for effortless mountain living, the thoughtfully planned main-level layout features three bedrooms and two full baths, including a peaceful lakeside primary suite with an en-suite bath and private access to the covered porch. The updated kitchen is equipped with modern appliances and a breakfast bar that flows seamlessly into the dining area, where panoramic lake views create the perfect backdrop for everyday meals and entertaining alike.
At the heart of the home, a stunning stone fireplace anchors the spacious living room, creating a warm and inviting atmosphere. Currently fitted with gas log inserts for convenience, the fireplace can easily be converted back to a traditional wood-burning fireplace. An additional flex space offers the perfect spot for a game table, home office, or cozy reading nook.
Numerous recent improvements provide peace of mind, including new bedroom carpet, central air conditioning and heat pump, PEX plumbing, a 200-amp electrical panel, water heater, washer and dryer, refrigerator, range, microwave, and high-speed fiber internet—making the home equally suited for full-time living, a weekend escape, or a high-performing vacation rental.
The generous driveway provides ample parking for family and guests, while the property's natural privacy enhances the feeling of being tucked away in your own mountain sanctuary.
Residents of Powder Horn Mountain enjoy an exceptional collection of amenities, including a beautifully renovated clubhouse, swimming pool, fitness center, tennis and pickleball courts, trout fishing, miles of hiking trails, a chapel, campground, and a gated entrance with monitored access.
Although situated directly on Trout Lake, the property is not located within a floodplain and, according to the owner, has no history of flood damage.
Whether you're searching for a peaceful full-time residence, a turnkey second home, or an exceptional investment opportunity, 265 Trout Lake Road delivers an unmatched combination of waterfront living, modern updates, abundant amenities, and timeless High Country charm.
Under contract
Price cut: $50K (8/26)
$399,000
265 Trout Lake Road, Deep Gap, NC 28618
3beds
1,706sqft
Single Family Residence
Built in 1972
1.09 Acres Lot
$-- Zestimate®
$234/sqft
$166/mo HOA
What's special
- 81 days
- 1,609
- 141
Zillow last checked:
Listing updated:
Listed by:
Jessica Auten 828-406-2937,
Premier Sotheby's International Realty- Banner Elk
Source: High Country AOR,MLS#: 263014
Originating MLS: High Country Association of Realtors Inc.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup, Main Level
Features
- Furnished, Window Treatments
- Windows: Window Treatments
- Basement: Crawl Space,Partial,Unfinished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: One, Other, See Remarks
- Furnished: Yes
Interior area
- Total structure area: 2,608
- Total interior livable area: 1,706 sqft
- Finished area above ground: 1,706
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: One
- Stories: 1
- Exterior features: Fire Pit
- Pool features: Community
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Pond
Lot
- Size: 1.09 Acres
Details
- Parcel number: 2859609357000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Frame
- Foundation: Basement
- Roof: Asphalt,Shingle
Condition
- Year built: 1972
Utilities & green energy
- Sewer: Septic Permit Unavailable, Septic Tank
- Water: Community/Coop
- Utilities for property: High Speed Internet Available, Septic Available
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Fishing, Gated, Lake, Pickleball, Pool, River, Tennis Court(s), Trails/Paths, Long Term Rental Allowed, Short Term Rental Allowed
- Subdivision: Powder Horn
HOA
- Has HOA: Yes
- HOA fee: $1,988 annually
Location
- Region: Deep Gap
Financial & listing details
- Price per square foot: $234/sqft
- Tax assessed value: $365,200
- Annual tax amount: $1,161
- Date on market: 7/2/2026
- Listing terms: Cash,Conventional,New Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/12/2026 | Contingent | $399,000$234/sqft |
Source: | ||
| 8/26/2026 | Price change | $399,000-11.1%$234/sqft |
Source: | ||
| 7/2/2026 | Listed for sale | $449,000+17860%$263/sqft |
Source: | ||
| 9/15/2014 | Sold | $2,500-98.6%$1/sqft |
Source: Public Record Report a problem | ||
| 11/3/2010 | Sold | $172,500$101/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $365,200 |
| 2024 | $1,575 | $365,200 |
| 2023 | $1,575 +1.5% | $365,200 |
| 2022 | $1,552 +45.7% | $365,200 +81% |
| 2021 | $1,065 | $201,800 |
| 2020 | $1,065 | $201,800 |
| 2019 | $1,065 | $201,800 |
| 2018 | $1,065 +10.5% | $201,800 |
| 2017 | $964 | $201,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28618
Nearby schools
Schools provided by the listing agent
- Elementary: Parkway
- High: Watauga
Source: High Country AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




